It’s been a little while since we wrote up our last M Coupe, a beautiful S52 powered Estoril Blue example. And while those early M Coupes are a great deal these days for a fun performance car with plenty of personality, most enthusiasts really want to get their hands on the later cars that came with the S54 motor. There weren’t many other changes to the 2001 and 2002 M Coupes besides this motor swap, but that was enough to make the already good E36/8 all the more entertaining. These later build cars carry a premium due to their increased performance and exclusivity and seem to come up for sale less than the early cars do. Today, there is a brilliant looking Sapphire Black over black leather example on Ebay: